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of <h1>Iron and Steel Imports: New SIMS Registration Rules for Chapters 72, 73, and 86 in Effect.</h1> The circular outlines amendments to the import policy for iron and steel under Chapters 72, 73, and 86 of the ITC(HS), 2017 Schedule-1, requiring compulsory registration under the Steel Import Monitoring System (SIMS). Importers must submit advance information online and obtain an automatic registration number by paying a fee. The changes have been implemented in the ICES system, with mandatory filing of Bills of Entry as per ICES Advisory 25/2019. SIMS registration is not required for air-freighted goods or returnable steel racks not meant for domestic consumption. Importers can use a single SIMS registration for multiple consignments within its validity.
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